Investing in Coal: The World’s Workhorse

Book Description

This Element is an excerpt from The Rise
of the State: Profitable Investing and Geopolitics in the 21st
Century (9780137153879) by Yiannis G. Mostrous, Elliott H. Gue,
and David F. Dittman. Available in print and digital formats.

Coal: Understand it, respect it, profit from
it.

Investors all too often dismiss coal as an
anachronism, a relic of the 19th century. For many environmental
groups, coal is public enemy No. 1 because of its reputation as the
dirtiest of the fossil fuels. Coal will remain an important part of
the global energy mix in the 21st century, just as it was in the
19th and 20th centuries. Coal doesn’t get enough
respect.